Review on Poloniex by Olugbenga Ajayi
Poloniex exchange is widely adopted
Poloniex exchange is a crypto exchange based in San Fransisco, US. It supports trading in more than 200 cryptocurrency pairs. Thats a very large number.
One can easily sign up on the platform since it only require name, email and country of residence.
It uses a proprietary web based platform with user friendly design with multiple integrated indicators.
It has a high market capitalization and high daily volume. This is owing to the wide array of currencies it trades. However it doesn't support any flat Currency.
Pros
- The security is very strong as it makes use of 2 factors verification
- The platform is easy to use
- Customers will always have liquid pair to trade because of the diversity of Currencies traded
- It charges fair fees for transaction which is 0.25% and it reduces as the amount traded increases
- Trader can maintain anonymity
Cons
- It does not support
